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Geological Drilling Rig-Global Market Insights and Sales Trends 2025
Synopsis
Drilling machinery and equipment used for geological exploration, including coal field, petroleum, metallurgy, mineral, geological, hydrological, non-ferrous, and nuclear industry exploration are called drilling rigs
The global Geological Drilling Rig market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Geological Drilling Rig in various end use industries. The expanding demands from the Coal Field, Oil, Metallurgy and Mineral, are propelling Geological Drilling Rig market. Core Drilling Rig, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water Source Drilling Rig segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Geological Drilling Rig market, driven by demand from China, the second largest economy with some signs of stabilising, the Geological Drilling Rig market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Geological Drilling Rig, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Geological Drilling Rig market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Geological Drilling Rig market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Geological Drilling Rig sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Geological Drilling Rig covered in this report include Oil States International, Veristic Technologies, Terra Sonic International, American Jereh International, Liebherr, Gonzales Electrical Systems, Basic Equipment, Diedrich Drill and Loos & Co, etc.
The global Geological Drilling Rig market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Oil States International
Veristic Technologies
Terra Sonic International
American Jereh International
Liebherr
Gonzales Electrical Systems
Basic Equipment
Diedrich Drill
Loos & Co
Axon Energy Products
TMG Manufacturing
Service King Mfg
Soilmec North America
Gus Pech Mfg
Schramm
STI
Global Geological Drilling Rig market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Geological Drilling Rig market, Segment by Type:
Core Drilling Rig
Water Source Drilling Rig
Prospecting Rig
Others
Global Geological Drilling Rig market, by Application
Coal Field
Oil
Metallurgy
Mineral
Nuclear Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Geological Drilling Rig manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Geological Drilling Rig in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Drilling machinery and equipment used for geological exploration, including coal field, petroleum, metallurgy, mineral, geological, hydrological, non-ferrous, and nuclear industry exploration are called drilling rigs
The global Geological Drilling Rig market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Geological Drilling Rig in various end use industries. The expanding demands from the Coal Field, Oil, Metallurgy and Mineral, are propelling Geological Drilling Rig market. Core Drilling Rig, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Water Source Drilling Rig segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Geological Drilling Rig market, driven by demand from China, the second largest economy with some signs of stabilising, the Geological Drilling Rig market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Geological Drilling Rig, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Geological Drilling Rig market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Geological Drilling Rig market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Geological Drilling Rig sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Geological Drilling Rig covered in this report include Oil States International, Veristic Technologies, Terra Sonic International, American Jereh International, Liebherr, Gonzales Electrical Systems, Basic Equipment, Diedrich Drill and Loos & Co, etc.
The global Geological Drilling Rig market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Oil States International
Veristic Technologies
Terra Sonic International
American Jereh International
Liebherr
Gonzales Electrical Systems
Basic Equipment
Diedrich Drill
Loos & Co
Axon Energy Products
TMG Manufacturing
Service King Mfg
Soilmec North America
Gus Pech Mfg
Schramm
STI
Global Geological Drilling Rig market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Geological Drilling Rig market, Segment by Type:
Core Drilling Rig
Water Source Drilling Rig
Prospecting Rig
Others
Global Geological Drilling Rig market, by Application
Coal Field
Oil
Metallurgy
Mineral
Nuclear Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Geological Drilling Rig manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Geological Drilling Rig in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Geological Drilling Rig Market Overview
1.1 Geological Drilling Rig Product Overview
1.2 Geological Drilling Rig Market Segment by Type
1.2.1 Core Drilling Rig
1.2.2 Water Source Drilling Rig
1.2.3 Prospecting Rig
1.2.4 Others
1.3 Global Geological Drilling Rig Market Size by Type
1.3.1 Global Geological Drilling Rig Market Size Overview by Type (2018-2029)
1.3.2 Global Geological Drilling Rig Historic Market Size Review by Type (2018-2023)
1.3.3 Global Geological Drilling Rig Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Geological Drilling Rig Sales Breakdown by Type (2018-2023)
1.4.2 Europe Geological Drilling Rig Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Geological Drilling Rig Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Geological Drilling Rig Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Geological Drilling Rig Sales Breakdown by Type (2018-2023)
2 Global Geological Drilling Rig Market Competition by Company
2.1 Global Top Players by Geological Drilling Rig Sales (2018-2023)
2.2 Global Top Players by Geological Drilling Rig Revenue (2018-2023)
2.3 Global Top Players by Geological Drilling Rig Price (2018-2023)
2.4 Global Top Manufacturers Geological Drilling Rig Manufacturing Base Distribution, Sales Area, Product Type
2.5 Geological Drilling Rig Market Competitive Situation and Trends
2.5.1 Geological Drilling Rig Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Geological Drilling Rig Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Geological Drilling Rig as of 2022)
2.7 Date of Key Manufacturers Enter into Geological Drilling Rig Market
2.8 Key Manufacturers Geological Drilling Rig Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Geological Drilling Rig Status and Outlook by Region
3.1 Global Geological Drilling Rig Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Geological Drilling Rig Historic Market Size by Region
3.2.1 Global Geological Drilling Rig Sales in Volume by Region (2018-2023)
3.2.2 Global Geological Drilling Rig Sales in Value by Region (2018-2023)
3.2.3 Global Geological Drilling Rig Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Geological Drilling Rig Forecasted Market Size by Region
3.3.1 Global Geological Drilling Rig Sales in Volume by Region (2024-2029)
3.3.2 Global Geological Drilling Rig Sales in Value by Region (2024-2029)
3.3.3 Global Geological Drilling Rig Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Geological Drilling Rig by Application
4.1 Geological Drilling Rig Market Segment by Application
4.1.1 Coal Field
4.1.2 Oil
4.1.3 Metallurgy
4.1.4 Mineral
4.1.5 Nuclear Industry
4.1.6 Others
4.2 Global Geological Drilling Rig Market Size by Application
4.2.1 Global Geological Drilling Rig Market Size Overview by Application (2018-2029)
4.2.2 Global Geological Drilling Rig Historic Market Size Review by Application (2018-2023)
4.2.3 Global Geological Drilling Rig Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Geological Drilling Rig Sales Breakdown by Application (2018-2023)
4.3.2 Europe Geological Drilling Rig Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Geological Drilling Rig Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Geological Drilling Rig Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Geological Drilling Rig Sales Breakdown by Application (2018-2023)
5 North America Geological Drilling Rig by Country
5.1 North America Geological Drilling Rig Historic Market Size by Country
5.1.1 North America Geological Drilling Rig Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Geological Drilling Rig Sales in Volume by Country (2018-2023)
5.1.3 North America Geological Drilling Rig Sales in Value by Country (2018-2023)
5.2 North America Geological Drilling Rig Forecasted Market Size by Country
5.2.1 North America Geological Drilling Rig Sales in Volume by Country (2024-2029)
5.2.2 North America Geological Drilling Rig Sales in Value by Country (2024-2029)
6 Europe Geological Drilling Rig by Country
6.1 Europe Geological Drilling Rig Historic Market Size by Country
6.1.1 Europe Geological Drilling Rig Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Geological Drilling Rig Sales in Volume by Country (2018-2023)
6.1.3 Europe Geological Drilling Rig Sales in Value by Country (2018-2023)
6.2 Europe Geological Drilling Rig Forecasted Market Size by Country
6.2.1 Europe Geological Drilling Rig Sales in Volume by Country (2024-2029)
6.2.2 Europe Geological Drilling Rig Sales in Value by Country (2024-2029)
7 Asia-Pacific Geological Drilling Rig by Region
7.1 Asia-Pacific Geological Drilling Rig Historic Market Size by Region
7.1.1 Asia-Pacific Geological Drilling Rig Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Geological Drilling Rig Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Geological Drilling Rig Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Geological Drilling Rig Forecasted Market Size by Region
7.2.1 Asia-Pacific Geological Drilling Rig Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Geological Drilling Rig Sales in Value by Region (2024-2029)
8 Latin America Geological Drilling Rig by Country
8.1 Latin America Geological Drilling Rig Historic Market Size by Country
8.1.1 Latin America Geological Drilling Rig Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Geological Drilling Rig Sales in Volume by Country (2018-2023)
8.1.3 Latin America Geological Drilling Rig Sales in Value by Country (2018-2023)
8.2 Latin America Geological Drilling Rig Forecasted Market Size by Country
8.2.1 Latin America Geological Drilling Rig Sales in Volume by Country (2024-2029)
8.2.2 Latin America Geological Drilling Rig Sales in Value by Country (2024-2029)
9 Middle East and Africa Geological Drilling Rig by Country
9.1 Middle East and Africa Geological Drilling Rig Historic Market Size by Country
9.1.1 Middle East and Africa Geological Drilling Rig Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Geological Drilling Rig Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Geological Drilling Rig Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Geological Drilling Rig Forecasted Market Size by Country
9.2.1 Middle East and Africa Geological Drilling Rig Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Geological Drilling Rig Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Oil States International
10.1.1 Oil States International Company Information
10.1.2 Oil States International Introduction and Business Overview
10.1.3 Oil States International Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Oil States International Geological Drilling Rig Products Offered
10.1.5 Oil States International Recent Development
10.2 Veristic Technologies
10.2.1 Veristic Technologies Company Information
10.2.2 Veristic Technologies Introduction and Business Overview
10.2.3 Veristic Technologies Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Veristic Technologies Geological Drilling Rig Products Offered
10.2.5 Veristic Technologies Recent Development
10.3 Terra Sonic International
10.3.1 Terra Sonic International Company Information
10.3.2 Terra Sonic International Introduction and Business Overview
10.3.3 Terra Sonic International Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Terra Sonic International Geological Drilling Rig Products Offered
10.3.5 Terra Sonic International Recent Development
10.4 American Jereh International
10.4.1 American Jereh International Company Information
10.4.2 American Jereh International Introduction and Business Overview
10.4.3 American Jereh International Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.4.4 American Jereh International Geological Drilling Rig Products Offered
10.4.5 American Jereh International Recent Development
10.5 Liebherr
10.5.1 Liebherr Company Information
10.5.2 Liebherr Introduction and Business Overview
10.5.3 Liebherr Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Liebherr Geological Drilling Rig Products Offered
10.5.5 Liebherr Recent Development
10.6 Gonzales Electrical Systems
10.6.1 Gonzales Electrical Systems Company Information
10.6.2 Gonzales Electrical Systems Introduction and Business Overview
10.6.3 Gonzales Electrical Systems Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Gonzales Electrical Systems Geological Drilling Rig Products Offered
10.6.5 Gonzales Electrical Systems Recent Development
10.7 Basic Equipment
10.7.1 Basic Equipment Company Information
10.7.2 Basic Equipment Introduction and Business Overview
10.7.3 Basic Equipment Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Basic Equipment Geological Drilling Rig Products Offered
10.7.5 Basic Equipment Recent Development
10.8 Diedrich Drill
10.8.1 Diedrich Drill Company Information
10.8.2 Diedrich Drill Introduction and Business Overview
10.8.3 Diedrich Drill Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Diedrich Drill Geological Drilling Rig Products Offered
10.8.5 Diedrich Drill Recent Development
10.9 Loos & Co
10.9.1 Loos & Co Company Information
10.9.2 Loos & Co Introduction and Business Overview
10.9.3 Loos & Co Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Loos & Co Geological Drilling Rig Products Offered
10.9.5 Loos & Co Recent Development
10.10 Axon Energy Products
10.10.1 Axon Energy Products Company Information
10.10.2 Axon Energy Products Introduction and Business Overview
10.10.3 Axon Energy Products Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Axon Energy Products Geological Drilling Rig Products Offered
10.10.5 Axon Energy Products Recent Development
10.11 TMG Manufacturing
10.11.1 TMG Manufacturing Company Information
10.11.2 TMG Manufacturing Introduction and Business Overview
10.11.3 TMG Manufacturing Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.11.4 TMG Manufacturing Geological Drilling Rig Products Offered
10.11.5 TMG Manufacturing Recent Development
10.12 Service King Mfg
10.12.1 Service King Mfg Company Information
10.12.2 Service King Mfg Introduction and Business Overview
10.12.3 Service King Mfg Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Service King Mfg Geological Drilling Rig Products Offered
10.12.5 Service King Mfg Recent Development
10.13 Soilmec North America
10.13.1 Soilmec North America Company Information
10.13.2 Soilmec North America Introduction and Business Overview
10.13.3 Soilmec North America Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Soilmec North America Geological Drilling Rig Products Offered
10.13.5 Soilmec North America Recent Development
10.14 Gus Pech Mfg
10.14.1 Gus Pech Mfg Company Information
10.14.2 Gus Pech Mfg Introduction and Business Overview
10.14.3 Gus Pech Mfg Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Gus Pech Mfg Geological Drilling Rig Products Offered
10.14.5 Gus Pech Mfg Recent Development
10.15 Schramm
10.15.1 Schramm Company Information
10.15.2 Schramm Introduction and Business Overview
10.15.3 Schramm Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Schramm Geological Drilling Rig Products Offered
10.15.5 Schramm Recent Development
10.16 STI
10.16.1 STI Company Information
10.16.2 STI Introduction and Business Overview
10.16.3 STI Geological Drilling Rig Sales, Revenue and Gross Margin (2018-2023)
10.16.4 STI Geological Drilling Rig Products Offered
10.16.5 STI Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Geological Drilling Rig Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Geological Drilling Rig Industrial Chain Analysis
11.4 Geological Drilling Rig Market Dynamics
11.4.1 Geological Drilling Rig Industry Trends
11.4.2 Geological Drilling Rig Market Drivers
11.4.3 Geological Drilling Rig Market Challenges
11.4.4 Geological Drilling Rig Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Geological Drilling Rig Distributors
12.3 Geological Drilling Rig Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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